Comment: The article just said "ASIC

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The article just said "ASIC

The article just said "ASIC stands for Application Specific Integrated Circuit; in other words, it is a computer chip that is designed to do a very specific task, very well. There are currently a small group of manufactures getting ready to release asic chips designed specifically for bitcoin mining that is going to blow the current mining technology out of the water. Some of these units are processing upwards of 80 G/Hs(GigaHashes (i.e. 1000 M/hs = 1 G/hs), which means that the rate bitcoins are going to be generated is going to quadruple over the next 12 months. "

and no, I'm not an expert but I understand the basics.

End The Fed!
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